Tuesday 7 July 2015

Nifty dancing



8 Jul 2015

Nifty rocking, hit 8543-8560 as expected yesterday.

Today-Nifty made a high of 8361 and closed around 8510(-11) and low made 8483.

After booking profits, we expect nifty to trade lower till 8532 is not breached tomorrow. A good entry point can be 8500-8515 for lower targets. One should be cautions on Greece and EU concern, however gap up and down can be expected tomorrow.

Concluding: Nifty should touch 8440-8408 till it trading below 8532 levels.

…stockstopp(stockstopp@gmail.com-9320926785)

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